Executive Mosaic’s GovCon Index advanced 0.74% to $4.919.04. All three major U.S. stock indexes jumped following a clear direction of interest rates. The Nasdaq Composite climbed 0.89%, while the blue-chip Dow Jones (+1.03%) and S&P 500 (+0.89%) posted new all-time highs. Also, the ten-year Treasury yield closed lower at 4.28%.
Tag: Maximus
March 19 Market Report: Executive Mosaic’s GovCon Index Rebounds, Major Exchanges Advance
Executive Mosaic’s GovCon Index rebounded from Monday’s loss, rising 0.69% to $4,882.43. U.S. stocks started the session tentatively but eventually ended with modest gains. The S&P 500 (+0.56%) recorded a new all-time high, while the Dow Jones Industrial Average (+0.56%) and Nasdaq Composite (+0.39%) settled slightly below their recent highs.
February 23 Market Report: Executive Mosaic’s GovCon Index Ends Holiday-Shortened Week in Positive Territory
Executive Mosaic’s GovCon Index rose 0.64% to $4,839.92, ending the holiday-shortened week in positive territory. The Dow Jones Industrial Average (-0.16%) and S&P 500 (+0.03%) hardly moved, although the tech-heavy Nasdaq Composite (-0.28%) edged lower. Despite the roller coaster ride, it was a winning week for Wall Street’s major indexes.
February 9 Market Report: Executive Mosaic’s GovCon Index Pops, Landmark Moment for S&P 500
Executive Mosaic’s GovCon Index popped 0.89% to $4,741.09 as bullish sentiment engulfs Wall Street. The benchmark S&P 500 Index closed above 5,000 for the first time, while the Nasdaq Composite gained 1.25% as 156 constituents posted new 52-week highs. Only the Dow Jones Industrial Average (-0.14%) slipped on Friday.
February 5 Market Report: Executive Mosaic’s GovCon Index and Wall Street Sink, Hope of Early Rate Cut Fades
Executive Mosaic’s GovCon Index slipped further to $4,615.41 (-0.77%) as investors’ confidence sank to start the week. Fed Chairman Jerome Powell confirmed on Sunday that no rate cut is coming in March. The Dow Jones Industrial Average (-0.71%), the S&P 500 (-0.32%) and the Nasdaq Composite (-0.20%) tumbled in unison.
February 5 Market Report: Executive Mosaic’s GovCon Index and Wall Street Sinks, Hope of Early Rate Cut Fades
Executive Mosaic’s GovCon Index slipped further to $4,615.41 (-0.77%) as investors’ confidence sank to start the week. Fed Chairman Jerome Powell confirmed on Sunday that no rate cut is coming in March. The Dow Jones Industrial Average (-0.71%), the S&P 500 (-0.32%), and the Nasdaq Composite (-0.20%) tumbled in unison.
February 2 Market Report: Executive Mosaic’s GovCon Index Dips Slightly, Dow Jones and S&P 500 Notch New Records
Executive Mosaic’s GovCon Index dipped slightly from Thursday to end at $4,651.09 (-0.01%). However, the Dow Jones Industrial Average (+0.35%) and S&P 500 (+1.07%) set new records again, buoyed by solid job numbers in December. The Nasdaq Composite rose 1.74% thanks to the stellar gains of two tech giants.
January 22 Market Report: Executive Mosaic’s GovCon Index Rises, New Records Set at Wall Street
Executive Mosaic’s GovCon Index had a strong start for the week, rising 0.70% to $4,642.17. All major indexes remained positive, with the Dow Jones Industrial Average (+0.36%) closing above 38,000 for the first time and the S&P 500 (+0.22%) hitting a new all-time high. The tech-heavy Nasdaq Composite rose 3.2%.
January 11 Market Report: Executive Mosaic’s GovCon Index Swings to Red, Major Indexes Hardly Move
Executive Mosaic’s GovCon Index went red after slipping 0.23% to $4,571.84. U.S. stocks wavered throughout the session but the major indexes closed mixed. The Dow Jones Industrial Average (+0.04%) and S&P 500 (-0.07%) posted slight gains and losses, while the Nasdaq Composite snapped its winning streak and finished flat.
January 4 Market Report: Executive Mosaic’s GovCon Index Slips, Major Indexes Struggle
Executive Mosaic’s GovCon Index closed 0.20% lower to $4,575.60, extending its slump to three days. Major indexes tried to shake off the rocky start in 2024, but only the Dow Jones Industrial Average (+0.03%) eked out a gain. The S&P 500 (-0.34%) and Nasdaq Composite (-0.56%) stayed in red territory.